AMD Shares Surge on Potential Shift in U.S.-China Chip Policy

A high-level meeting in Beijing has ignited investor optimism for Advanced Micro Devices (AMD), positioning the semiconductor firm at the center of speculation regarding artificial intelligence (AI) chip exports to China. The core catalyst was a substantive discussion between AMD’s CEO, Dr. Lisa Su, and China’s Commerce Minister, Wang Wentao. This engagement has fueled market anticipation that the United States might reconsider its stringent export controls on advanced computing semiconductors.

The financial markets responded with notable enthusiasm to the political developments. AMD’s stock price climbed 6.36% on Friday, closing at €182.28. This positive movement occurred despite a corrective phase in recent weeks, leaving the shares with a solid gain over Read more...